“US giant Walmart said on Friday it aims to open its first store in India within the next 12-18 months after the government opened the vast consumer market to foreign chains. Up to now, foreign groups such as Walmart could only operate as wholesalers amid fears that big Western retail chains could swamp small family-run stores that dominate the sector. The government signed into law a decision late Thursday to allow foreign multibrand retailers to set up shop in India via joint ventures as it moved to further open up the economy and kickstart sharply slowing growth.”
http://www.rawstory.com/rs/2012/09/21/walmart-plans-to-open-first-store-in-india-within-18-months/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Washington Sees Incomes Soar as Most of U.S. Declines
Investors in Hot IPOs Are Overlooking Some Serious Risks
Archived papers reveal Queen Elizabeth’s ‘World War Three’ speech
Toyota's withdrawal to Texas an economic blow to California city
Has the bull market in stocks become 'too big to fail'?
Fed ends 'too big to fail' lending to collapsing banks, with caveats
Too little punishment for Pr. George’s police officer’s assault
Stone Lion Capital Partners Suspends Redemptions in Credit Hedge Funds
Monsanto unapproved GMO wheat was in Colorado government storage facility until 2011
New health law frustrates many in middle class
Obama sends 1,500 more US troops to Iraq, requests $5.6 billion for war
Judge Freezes U.S. Assets of Mt. Gox CEO, Related Companies
British MPs urged to reject contentious tax pact with the US
Taiwanese billionaire launches Asian ‘Nobel prize’
Bipartisan bill would require a warrant for police to search emails